Julius Malema Salary

Julius Malema, a prominent South African politician and the leader of the Economic Freedom Fighters (EFF), has long been a subject of fascination and speculation when it comes to his salary. Malema, known for his outspoken nature and provocative statements, has garnered attention not just for his political ideologies but also for his earning potential.

Before delving into the controversial politician’s salary, it is important to understand his background and rise to prominence. Born on March 3, 1981, in Seshego, South Africa, Malema began his political career at a young age. He was elected as the president of the African National Congress Youth League (ANCYL) in 2008, a position that further propelled him into the national political arena.

Malema’s journey has been marked by controversy, including his expulsion from the ANC in 2012 over disciplinary charges. However, this setback did not hinder his political ambitions. He went on to establish the EFF in 2013, a political party with a socialist and anti-capitalist agenda.

julius malema salary

The Salary of a Member of Parliament

As the leader of the EFF, Malema holds a seat in the South African Parliament. Like any other member of Parliament, Malema receives a salary for his role in shaping the nation’s policies and representing his constituents.

The salary of a Member of Parliament in South Africa is determined by an independent commission called the Independent Commission for the Remuneration of Public Office Bearers. This commission sets the salaries for various public office bearers, including Members of Parliament.

The most recent available data indicates that the annual salary for a Member of Parliament in the lower house, known as the National Assembly, is approximately 1,130,749 ZAR (South African Rand) as of April 2021. This figure includes the basic salary, housing allowance, and other benefits.

Malema’s Income Sources

While Malema’s salary as a Member of Parliament certainly contributes to his income, it is important to note that it is not his sole source of earnings. The controversial politician has been associated with a number of controversies and alleged financial improprieties throughout his career.

Malema is known for his involvement in various business ventures, further expanding his financial reach. However, the exact details and income from these business entities remain largely undisclosed. Malema is believed to have investments in real estate, farming, and mining, among others.

In addition to his political and business pursuits, Malema has also been a popular figure on the speaking circuit. He is known to charge hefty fees for his appearances at conferences, events, and universities both within South Africa and internationally.

It is worth mentioning that Malema has faced criticism for advocating for socialism and economic equality while reportedly leading a lifestyle that contradicts these ideals. Critics argue that his personal wealth and spending habits are inconsistent with his political rhetoric.

Conclusion

Julius Malema’s salary as a Member of Parliament is just one facet of his overall income. While the exact figures are often the subject of speculation, there is no denying that Malema has managed to accumulate substantial wealth through his political career, business ventures, and speaking engagements. As a controversial figure, his earnings remain a topic of interest and controversy.

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